Xin's Lunewave Earns Venture Capital Funding
Lunewave, a technology company co-founded by ECE professor Hao Xin, recently raised $7 million in venture capital funding as it prepares to roll out its specialized, 3D-printed antenna and radar for autonomous vehicles. Lunewave develops antenna and sensor technology for automotive wireless communications, robotics and drones. Their proprietary Luneburg lens radar technology provides high-resolution imaging detection for autonomous vehicles, allowing them to view objects at long range.
As reported by the Arizona Daily Star, the investment round was led by Colorado-based FM Capital, with new investors including Proeza Ventures, Blue 9 Capital, Tsingyuan Ventures and Intact Ventures.
Lunewave's central technology is a 3D-printed “Luneburg lens," which are spherical lenses that offer "broad bandwidth, high efficiency and the capability of forming multiple high-quality beams in all directions." The company estimates two of their radar sensors could replace 20 radar sensors used today, while providing greater resolution and performance across a wide field of view.